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Ebay Plans Inaugural Recommerce Day, Launches Digital ID Integration

Retail TouchPoints

Coinciding with Recommerce Day on May 21, Ebay will release its fourth annual Recommerce Report showing that consumers are increasingly shopping preloved goods. PT, consumers will have the chance to win pre-loved and refurbished prizes during the Ebay Live stream. Throughout the day, starting at 9 a.m.

Planning 245
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Analysis: How five luxury brands won digital fashion week

Inside Retail

A year into the Covid-19 pandemic, there’s no question the global crisis has disrupted just about everything in the fashion world, from how we dress, to how we shop, to how the industry itself operates. Luxury fashion it-girls dress up for Prada’s ready-to-wear debut. If you’re ready for re-openings, so is Prada.

Fashion 147
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Squad shopping and self-improvement: Five consumer trends to watch in 2023

Inside Retail

Recent years have seen rapidly evolving changes in all areas of consumer behaviour and there is little doubt it will continue in terms of the products and services that people want, who they want them from, and where and when they want to access them.

Consumer 130
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Livestreaming Success Stories from Adore Me, Pacsun, Simon and More

Retail TouchPoints

Despite the format’s wild success in China, where it accounted for more than 17% of all ecommerce sales in 2022, livestream commerce has been slower to take off in the U.S. Hosts can add tags to theme their show around certain trends, styles or events, and they can also collaborate with other sellers to co-sell from each other’s “closets.”

Shopping 201
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Find the Right Pricing to Drive Revenue in the Metaverse

Retail TouchPoints

For retailers and brands, the introduction of the metaverse means yet another sales and communication channel with the consumers. Traditionally retailers and brands relied on brick-and-mortar stores as the primary channel where consumers could receive unconventional storytelling and experiences. Gucci Virtual 25.

Consumer 312
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Livestreaming in the U.S. isn’t Dead, it’s Just Happening in the Wrong Place 

Retail TouchPoints

Facebook will still host livestreams, but brands will no longer have access to shopping features such a product playlists and tags. “As As consumers’ viewing behaviors are shifting to short-form video, we are shifting our focus to Reels on Facebook and Instagram,” explained the company in a blog post. In the U.S., Source: HubSpot.

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Analysis: Here’s the impact of Chanel’s latest price hike on the luxury industry

Inside Retail

A spokeswoman from the brand stated, “Like all major luxury brands, we regularly adjust our prices to take into account changes in our production costs and raw material prices, as well as exchange rate fluctuations. The price of a Chanel bag reflects not only a sense of exclusivity but also our values.”

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